ยง36-23 - Purchase of county bonds.
ยง36-23ย Purchase of county bonds.ย The
director of finance, with the approval of the governor, may purchase bonds
issued by the several counties in conformity with the law, or loan money to the
counties on the security of the bonds out of any funds that may be available
for such purposes, or accept the bonds as payment for property sold to the
counties, whenever they may deem it for the public interest so to do. [L 1907,
c 66, ยง1; RL 1925, ยง1252; RL 1935, ยง2211; RL 1945, ยง5812; RL 1955, pt of
ยง132-13; am L Sp 1959 2d, c 1, ยง14; am L 1963, c 114, ยง1; HRS ยง36-23]